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From trading cards and LEGO to designer toys, collecting has become a meaningful adult spending occasion. What does that tell us about identity, repeat demand, and the businesses behind the objects?

A practical guide to Indonesia’s changing consumer economy, the industries worth exploring, and what it actually takes to build a brand that lasts.

Luckin Coffee opened 2,714 net new stores in a quarter. Revenue surged, but comparable store sales declined. What its numbers tell us about expansion, promotions and capital allocation in Indonesian coffee.

From trading cards and LEGO to designer toys, collecting has become a meaningful adult spending occasion. What does that tell us about identity, repeat demand, and the businesses behind the objects?

A practical guide to Indonesia’s changing consumer economy, the industries worth exploring, and what it actually takes to build a brand that lasts.